SECOND CHANCE COMPANIONS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

TERRY SPANGLER

Phone

3606874569

Tax Period

2024-01-01 to 2024-12-31

SECOND CHANCE COMPANIONS, founded in 2002, is a small nonprofit in the Animal-Related sector that reported $193K in total revenue in fiscal year 2024. Expenses of $177K left a modest 8% surplus.

Mission

DEDICATED TO FINDING RESPONSIBLE CARING HOMES FOR PETS. FOSTERING, PROVIDING MEDICAL TREATMENT,AND FINDING HOMES FOR ABANDONED ANIMALS. EDUCATE THE PUBLIC ON THE HEALTH AND WELL-BEING OF THEIR PET.

Program Service Accomplishments

Program 1

Expenses: $159,589

SPAYING AND NEUTERING, VACCINATIONS AND EMERGENCY MEDICAL TREATMENT FOR ABANDONED AND ILL ANIMALS. ALSO PROVIDE PARTIAL FUNDING FOR SPAY AND NEUTER, AND EMERGENCY CARE FOR ANIMALS OWNED BY...

SPAYING AND NEUTERING, VACCINATIONS AND EMERGENCY MEDICAL TREATMENT FOR ABANDONED AND ILL ANIMALS. ALSO PROVIDE PARTIAL FUNDING FOR SPAY AND NEUTER, AND EMERGENCY CARE FOR ANIMALS OWNED BY INDIVIDUALS UNABLE TO COVER THE COST OF THEIR CARE. FINDING HOMES FOR THE ANIMALS AND EDUCATING INDIVIDUALS IN THE CARE AND TREATMENT OF PETS. OTHER THAN PROFESSIONAL SERVICES SUCH AS VETERINARIAN AND ACCOUNTING, ALL PROGRAM ACTIVITIES ARE CARRIED OUT BY A CORE OF APPROXIMATELY 50 VOLUNTEERS. AN AVERAGE OF 750 SPAYS AND NEUTERS ARE DONE EACH YEAR THROUGH THE PUBLIC SPAY/NEUTER ASSISTANCE PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,787

Program Service Revenue $159

Investment Income $6,335

Other Revenue $2,117

TOTAL REVENUE $193,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $159,589

Other Expenses $177,224

TOTAL EXPENSES $177,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,398	$184,123	+0.1%
Expenses	$177,224	$150,447	+0.2%
Net Income	$16,174	$33,676	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY SPANGLER	PRESIDENT	10.00	Officer Director	$0	$0	$0
KARI JAMES	FIRST VICE-P	6.25	Officer Director	$0	$0	$0
DIANE RICE	SECONDVICE-P	6.25	Officer Director	$0	$0	$0
MARJORIE GARCIA	SECRETARY	3.75	Officer Director	$0	$0	$0
DEANN LISKA	TREASURER	10.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$193,398	$177,224	$204,175	$16,174
2023	$184,123	$150,447	$170,499	$33,676
2022	$171,192	$193,860	$136,823	$-22,668
2021	$211,313	$198,747	$181,304	$12,566
2020	$204,461	$208,538	$160,453	$-4,077
2019	$243,384	$228,155	$164,530	$15,229
2018	$212,007	$235,953	$149,301	$-23,946